Newsmaker

Every Friday, we choose an alum who has been making headlines—for better or for worse.
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Heidi Miller ’79PhD

After picking up her Yale degree in Latin American history, Heidi Miller ’79PhD took a job at Chemical Bank. That doctorate—and three decades of financial experience—have paid off beyond the wildest dreams of most PhDs. As head of JPMorgan Chase & Co.’s treasury unit, Miller has more than quintupled its pretax profit in the past six years, Bloomberg notes. And this week, she landed a promotion to a newly created position as president of JPMorgan’s international operations.

The move comes in a package of high-level shuffles by CEO and chairman Jamie Dimon, part of his plan to groom an eventual successor. Bloomberg sees Miller—who has worked closely with Dimon since 1992—as a possible heir. The New York Times, which calls Miller “one of the most powerful women on Wall Street,” apparently does not, asserting that the 54-year-old Dimon is “developing a roster of younger managers that could someday succeed him.” (Miller is 56, according to Forbes.) In her new job, Miller is charged with boosting JPMorgan Chase’s business in fast-growing markets such as China, Brazil, India, and Russia—a far cry from asking (as the old joke about humanities PhDs has it) “Would you like fries with that?”

Filed under alumnae, Graduate School, milestones, appointed
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